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the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert who is on the hill and where things stand. first, let's listen into the start of this session. >> the speakers are in washington d.c., january 1, 2013. i hereby hereby appoint the honorable robert j. dole to act as speaker in temporary on this day, signed john a. boehner, speaker of the house of representatives. >> the prayer will be offered by our chaplain father conroy. >> let us pray. eternal god, we give you thanks for giving us another day, a new year. the political struggles of the past year have revealed the divisions that exist in our nation. there are many american citizens who are angry,
the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert...
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vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach compromise. our members are reviewing the specifics of the compromise that has been reached to determine whether they can support that compromise. i'm hopeful this congress will, as one of its last acts, act not only on this compromise, but i'm also very hopeful and would expect that we would provide the emergency assistance needed for the victims of sandy. one of the country's worst storms in history that damaged the northeast so badly. so, i'm hopeful we will be able to move on both of these issues and that we will have members on both sides who perhaps will not agree,
vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. but by definition, it has things in it that each party should like. the speaker said that if the senate passed a bill he would put it on the floor for a vote. the leader has pointed out that we expect that to happen. we think that's the best interest of the american people. we hope that our colleagues on the other side of the aisle can reach...
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Jan 1, 2013
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on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train wreck at this point. nancy pelosi says the bill representing gigantic progress, that's fine, but this is really on republicans right now. and people are looking at it, i'm already hearing people looking at what house republicans are doing and saying, look, you abdicated your responsibility to write a bill. you punted over to the senate, and now you're going to throw a monkey wrench into this whole thing and make us come back perhaps in a new congress with a clean legislative slate. so it is a very dangerous not only economic situation here that we'
on sunday morning mitch mcconnell calls joe biden. they get together, offers are traded back and forth, and presto, voila, they come up with a deal and they put it on the floor and it sets those thresholds at $400,000 and $450,000 and it's passed at 2:00 last night and so it comes to the house republicans who have met all morning. joe biden incidentally was back on the hill this morning meeting behind closed doors with democrats who are pretty much bystanders to a republican political train...
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of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this country, to provide certainty for the markets and actually for all of us both consumers and investors and get it done. don't go over this cliff. take care of particularly the tax provisions in this legislation. we will have other opportunities to discuss and will be implementing either sequester an alternative. that's a trillion dollars in spending cuts we've committed to. the notion we haven't dealt with spending. we know we need some tax revenues. this is a compromise. >> we've got a minute left here, congress woman -- >> something we have to vote on. i'm saying. >> you want it to come to the floor on an up or down vote. >> absolutely. >> in it doesn't come up
of course vice president biden was in there. >> do you support the bill? >> this is not new information. yes, i would support the bill. >> how many democrats would not support the bill? >> i don't have that count. i think it really -- i would hope and expect that this is a bipartisan bill. that's what the american people have been asking us to do is to find a way to protect the middle class in this country, to provide certainty for the markets and actually for all of us...
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this deal brokered by vice president biden and the republican leader mitch mcconnell. house republicans huddled this morning, house democrats huddled this morning. joe biden made another trip, his 1ekd second to two days to sell democrats on the proposal. not a lot of problems as far as we know although there are people on the left who say the president is giving up too much in terms of the income threshold over which people's taxes would rise, but putting that aside, more significantly, house speaker john boehner and the majority leader, the number two in the house, huddled their troops. we started to get reports out of that meeting that there was a lot of dissatisfaction not only with the tax hike, which after all is a tax cut today. as of midnight tonight we're talking about cutting taxes, but the spending. not enough spending cuts in this bill to satisfy house republicans. eric cantor has come out against the bill and so the question is now how will the house act? if they choose to amend the bill and put in spending cuts, it's got to be sent back to the senate, and
this deal brokered by vice president biden and the republican leader mitch mcconnell. house republicans huddled this morning, house democrats huddled this morning. joe biden made another trip, his 1ekd second to two days to sell democrats on the proposal. not a lot of problems as far as we know although there are people on the left who say the president is giving up too much in terms of the income threshold over which people's taxes would rise, but putting that aside, more significantly, house...